Is Allen, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Allen has remained a Seller's Market.
Housing Prices in Allen, MI
How much do homes in Allen, MI cost?
Median Sold Price
$166,250
$178/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Allen was $166,250 in April 2024, down 0.7% from last year, and the median price per square foot was $178.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $170K | N/A |
2 Bedrooms | $170K | $159.5K | -6.2% |
3 Bedrooms | $170.7K | $285K | +66.9% |
4 Bedrooms | $135K | $107.5K | -20.4% |
5+ Bedrooms | $179.2K | $312K | +74.1% |
Summary: Allen housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 66.9%, 4 bedroom homes decreased by 20.4%, and 5+ bedroom homes increased by 74.1%.
Median Sold Price Compared To Nearby Cities
Allen Township | $180K | $188.7K | +4.9% |
Allen | $167.5K | $166.2K | -0.7% |
Housing Supply in Allen, MI
How many homes are available in Allen, MI?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
2 | 3 | +50.0% |
Summary: The Allen real estate market had 3 homes for sale in April 2024, a 50.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 1 | 1 | 0.0% |
4 Bedrooms | 0 | 0 | 0.0% |
5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The Allen housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Allen in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 0% were sold at asking, and 100% were sold over asking.
Days on Market for Allen, MI
How long does it take to sell a home in Allen, MI?
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Allen; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.